Trade Idea: BTC SHORT
Opened 2026-03-02 10:35:42 · Valid until 2026-03-03 10:35:42 · Triggered 2026-03-02 10:39:02 · Closed 2026-03-02 11:39:02
How this works.
Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT
CLOSED
RR 1.80
Conf 75%
Scalp
4-6 hours
Entry
66,250.00000000
Stop
66,450.00000000
Targets
66,000.00000000 / 65,800.00000000 / 65,650.00000000
Live price
67,497.00000000
Live ROI
-1.88%
vs entry
Idea ID
#8500
Now
Entry
Stop
TP
Loading chart...
Thesis and checks
Analyzing BTC on 5m, 15m, and 1h charts reveals a short opportunity near current price with strong confluence:
- 5m chart: Bearish engulfing candle formed at resistance near 66250, indicating immediate selling pressure.
- 15m chart: RSI divergence with lower highs while price attempts to rise, suggesting weakening bullish momentum.
- 1h chart: Price rejected at 66250 resistance level multiple times, confirming a strong supply zone.
- Stop loss placed just above recent resistance at 66450 to limit risk.
- Targets set near recent support levels at 66000, 65800, and 65650 for a favorable risk-reward ratio above 1.6.
Trade ideas are educational. Manage risk and position size.